Woodford County, IL Land Auction – Ellingson

Friday, November 19, 2021 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

SOLD!

TRACT 1 – $14,300 PER ACRE

TRACT 2 – $14,300 PER ACRE

 

TOTAL – $1,562,275.00

Location

Woodford County, Illinois

109.25 Surveyed Acres • 2 Tracts

The Kris Ellingson real estate is located approximately 3 ½ miles south of Minonk, IL, along the north side of Highway 116, or 18 miles west of Pontiac, IL, or 25 miles north of Bloomington, IL. The land is further described as being located in the Southeast Quarter of Section 20 and the Southwest Quarter of Section 21, all in T28N-R2E, Minonk Township, Woodford County, IL.

General Information

Tract 1 – 40.39 Surveyed Acres

Tract 2 – 68.86 Surveyed Acres

The farmland contains a total of 109.25 surveyed acres, will be sold in 2-tracts and both tracts represent nearly all-tillable, productive crop land. Farmers and investors, be sure to check out these 2-tracts of productive farmland located adjacent to each other and along Highway 116.

Survey

FSA Information

Real Estate Tax Information

Tract 1
PIN 06-20-400-004 - 40.0 acres - $1078.31
Tract 2
PIN 06-21-300-007 - 34.38 acres - $999.66
PIN 06-21-300-009 - 34.47 acres - $940.68

Tract Information

Tract 1 • 40.39 Surveyed Acres

  • FSA records indicate 36.44 NHEL cropland acres
  • Soil Productivity Index (PI): 129
  • Soil types include Streator, Rutland and Wenona
  • The balance of this tract is a grass waterway/drainage ditch which provides an excellent tile outlet
  • Road access along the south side from IL Rt 116 and along the east side from 2800 East Rd
  • Note: The area that lies NW of the ditch is accessible by a culvert that is located just south of the north border of the Ellingson Tract 1.

 

 

Tract 2 • 68.86 Surveyed Acres

  • FSA records indicate 67.90 NHEL cropland acres
  • Soil Productivity Index (PI): 128
  • Soil types include Streator, Wenona and Rutland
  • Nearly all-tillable cropland
  • Road access along the south side from IL Rt 116 and along the west side from 2800 East Rd

Aerial Tour

Method & Terms

Both tracts will be sold on a price per acre basis, based on the surveyed acres.  Both tracts will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect Tract 1 or Tract 2 (in any order) or both tracts for their high bid.  If the high bidder elects only one of the tracts, the remaining tract will then be sold. The tracts will NOT be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non refundable down payment. The balance of the bid price will be due at closing, on or before December 20, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession of the farmland will be given at the time of closing, subject to a farm tenancy lease for the 2021 crop year. The farms sell free and clear of tenancy for 2022.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.

Plat Map

Aerial Map

SOIL MAP

Tract 1 Photos

Tract 2 Photos

Kris Ellingson

 

Representing Law Firm:

Stoller Law Office

James J. Stoller

15 West Front Street

El Paso, IL 61738

(309) 527-4300

 

Auction Manager:

Kevin Haas (309) 264-7767